DOWNING JOHN 4

What Happened
John Downing, EVP, World‑Wide Sales at NETSCOUT SYSTEMS, INC. (NTCT), sold 3,000 shares of company stock on February 20, 2026. The shares were transacted at $30.00 per share for total proceeds of $90,000. This was a sale (reporting code S) described as an open‑market or private sale in the Form 4.

Key Details

• Transaction date and price: 2026-02-20 at $30.00 per share.
• Shares sold / proceeds: 3,000 shares; gross proceeds $90,000.
• Transaction type: Sale (S) — listed as "open market or private sale."
• Footnote: Sale executed pursuant to a 10b5-1 trading plan adopted by the reporting person on February 20, 2025.
• Shares owned after transaction: Not specified in the Form 4 filing.
• Filing: Form 4 filed 2026-02-23; the filing shows the trade date of Feb 20, 2026 and does not indicate a late‑filing flag.

Context
A 10b5-1 plan is a prearranged trading program that lets insiders sell shares on a preset schedule and is commonly used for routine liquidity or diversification. Such preplanned sales are generally regarded as less informative about the insider’s current view of the company than ad‑hoc purchases; this filing documents a routine sale rather than an acquisition.